"...are adjusted separately from size adjustments, but both do get factored in quite often."

Not in the last 100 or so appraisals I reviewed. I'm not trying to argue, but what you describe in quantifying adjustments in lot size by quoting a dollar amount is not done here. Size adjustment is part of the grid.

You're lucky. My neighbor's dog barks quite a bit which is very annoying. The cars going by the front of the house eventually becomes white noise that I only hear when I'm on my porch trying to talk on the phone or watch something on YouTube, lol...the dog barking however never fails to wake me out of a deep sleep...

I used to love my abutting neighbors who'd supervise my gardening over the fence, and then complain about my using the wrong herbicide insecticide or fungicide which caused their children to be retarded (just like their parents). In Mass, I had one neighbor on each side plus two to the rear . . . . all good people: good to get away from.

Some of them took it upon themselves to invite themselves over, just any old time they were so motivated . . . . just walk on in. Others were always inviting us over for dinner, relentlessly, until we returned the favor and allowed them to come in and inspect our house. I remember one couple who simply wouldn't leave until nearly 3 AM.

Or those who wanted to come over an commiserate because their Daughter just ran away with someone they met in an alley, (before the advent of on-line trysts), and others who wanted to safely sleep over because of some other kind of domestic dis-harmony.

But that's part of why I am where I am. I can't see any other houses, and in 25 years of living here, we've only had one(1) Trick or Treater (2011!). Human beans tend to stay away . . . . I like them that way.

gosh, you've never seen the Cost Approach (CA) in a residential appraisal?? LOL. you've been reviewing appraisals on planet Earth, or some other covertly inhabited planet/moon in our solar system?

not to defend the CA in residential appraisals...it's a complete farce.

"Or those who wanted to come over an commiserate because their Daughter just ran away with someone they met in an alley"

good concept for a reality tv show.

".....gosh, you've never seen the Cost Approach (CA) in a residential appraisal?? LOL"

Is that what he was talking about? That was not my impression.
I know the different appraisal valuation methodologies (afterall, the appraisals I review cost from $3,500-$8,000 a piece). Almost all appraisals I review are the sales comparison approach, because most of the time it's the only approach that gives a true indication of market value.

I wasn't talking about the CA (though I've seen them used more often as secondary methods than I'd expect). All I was saying is that, around here, lot size tends to be done--as part of the grid, as Pikes noted--by adjusting for a specific dollar amount rather than as a percentage.

well, inclusion of the Cost Approach has been a common lender requirement in residential appraisals for many years. anyone who performs or reviews res appraisals knows this.

"well, inclusion of the Cost Approach has been a common lender requirement in residential appraisals for many years. anyone who performs or reviews res appraisals knows this."

Are you talking about a new hybrid method according to USPAP? Please explain.

When it comes to determining value I totally dislike price per square foot. Just treat it as sort of a guide line, all the factors come into play in real value, lot size, lot location, street conditions, house size, age house condition, and all the other factors you have grown to love and hate.

Works best in a large cookie cutter community, in my chosen normal market area it is only a guide line at best.